TheLastLuftwaffe

BTC BEARS

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FOREXCOM:BTCUSD   Bitcoin
From my analysis, it could be noted that Bitcoin approaches the 41-40k price levels. This is seen as a completion of the first wave luftwaffe following the appearance of the LUFTWING candle. I believe a retracement would occur as price corrects to the 42-43k region initiating the second wave Luftwaffe. If a bullish LUFTWING candle occurs then a total bull run and reversal is expected. If you have any questions comment and I will explain to you.

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